Vault-13

INVESCO EXCH TRD SLF IDX FD BSCR

BULSHS 2027 CB · ETP · CUSIP 46138J783

384 institutional holders +31 vs Q3 2025
182,852,177182.9m shares reported held*
$3.6bnreported value*
29 new 200 added 85 reduced 17 sold out net bought ≈ $131.7m (+6.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($536.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.74.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 125Q4 22: 168Q1 23: 183Q2 23: 200Q3 23: 212Q4 23: 248Q1 24: 254Q2 24: 272Q3 24: 293Q4 24: 331Q1 25: 349Q2 25: 357Q3 25: 353Q4 25: 384384Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022125
Q4 2022168
Q1 2023183
Q2 2023200
Q3 2023212
Q4 2023248
Q1 2024254
Q2 2024272
Q3 2024293
Q4 2024331
Q1 2025349
Q2 2025357
Q3 2025353
Q4 2025384

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q1 24: 180 bought or addedQ1 24: 69 cut or sold outQ2 24: 187 bought or addedQ2 24: 65 cut or sold outQ2 24Q3 24: 213 bought or addedQ3 24: 50 cut or sold outQ4 24: 217 bought or addedQ4 24: 76 cut or sold outQ4 24Q1 25: 233 bought or addedQ1 25: 83 cut or sold outQ2 25: 211 bought or addedQ2 25: 103 cut or sold outQ2 25Q3 25: 217 bought or addedQ3 25: 98 cut or sold outQ4 25: 229 bought or addedQ4 25: 102 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202418069
Q2 202418765
Q3 202421350
Q4 202421776
Q1 202523383
Q2 2025211103
Q3 202521798
Q4 2025229102

Biggest buyers

Lido Advisors, LLC Added +2,209,925+2.2m
MORGAN STANLEY Added +1,023,790+1.0m
Thrivent Financial for Lutherans Added +712,253+712.3k
WELLS FARGO & COMPANY/MN Added +558,803+558.8k
LPL Financial LLC Added +532,067+532.1k
BCS Wealth Management Added +418,591+418.6k
MAI Capital Management Added +407,902+407.9k
RAYMOND JAMES FINANCIAL INC Added +357,978+358.0k
Legacy Private Trust Co. Added +342,943+342.9k
Lantz Financial LLC Added +270,586+270.6k

Biggest sellers

Clearstead Advisors, LLC Reduced -1,508,895-1.5m
RENAISSANCE TECHNOLOGIES LLC Reduced -528,198-528.2k
JPMORGAN CHASE & CO Reduced -496,747-496.7k
GPM Growth Investors, Inc. Reduced -355,263-355.3k
SENTINEL PENSION ADVISORS, LLC Reduced -315,882-315.9k
CITADEL ADVISORS LLC Sold out -308,958-309.0k
Ausdal Financial Partners, Inc. Reduced -291,963-292.0k
Sanctuary Advisors, LLC Reduced -288,339-288.3k
McCarthy & Cox Sold out -250,047-250.0k
VestGen Advisors, LLC Reduced -247,591-247.6k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lido Advisors, LLC 5.19% of their portfolio Los Angeles, CA 66,837,02966.8m $1.3bn $1.3bn 5.19% Added +2.2m +2,209,925
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 10,382,01610.4m $204.9m $204.9m 0.01% Added +1.0m +1,023,790
3 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 7,164,0977.2m $141.4m $141.4m 0.03% Added +558.8k +558,803
4 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 6,738,9306.7m $133.0m $133.0m 0.04% Added +532.1k +532,067
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 5,016,5215.0m $99.0m $99.0m 0.01% Added +131.2k +131,159
6 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 4,255,8374.3m $84.0m $84.0m 0.03% Added +358.0k +357,978
7 UBS Group AG 0.02% of their portfolio ZURICH, V8 4,219,6314.2m $83.3m $83.3m 0.02% Reduced -14.0k -14,024
8 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 3,450,5213.5m $68.1m $68.1m 0.01% Added +65.7k +65,744
9 MAI Capital Management 0.33% of their portfolio INDEPENDENCE, OH 2,907,9342.9m $57.4m $57.4m 0.33% Added +407.9k +407,902
10 Hills Bank & Trust Co 2.90% of their portfolio North Liberty, IA 2,527,0062.5m $49.9m $49.9m 2.90% Added +24.4k +24,407
11 Avior Wealth Management, LLC 1.46% of their portfolio OMAHA, NE 2,377,3592.4m $46.9m $46.9m 1.46% Reduced -85.1k -85,074
12 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 1,924,7761.9m $38.0m $38.0m 0.09% Added +262.3k +262,297
13 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,835,8981.8m $36.2m $36.2m 0.01% Added +169.8k +169,844
14 Bluespring Wealth Management, LLC 3.09% of their portfolio AUSTIN, TX 1,817,8351.8m $35.9m $35.9m 3.09% Added +50.0k +49,994
15 DAVIS R M INC 0.57% of their portfolio PORTLAND, ME 1,665,9611.7m $32.9m $32.9m 0.57% Added +31.4k +31,384
16 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 1,569,0871.6m $31.0m $31.0m 0.05% Added +712.3k +712,253
17 Brookstone Capital Management 0.34% of their portfolio WHEATON, IL 1,487,7441.5m $29.4m $29.4m 0.34% Added +23.2k +23,238
18 MONECO ADVISORS, LLC 2.05% of their portfolio FAIRFIELD, CT 1,308,4801.3m $25.8m $25.8m 2.05% Added +66.6k +66,614
19 TLWM 4.40% of their portfolio SAN ANTONIO, TX 1,216,4361.2m $24.0m $24.0m 4.40% Added +34.2k +34,153
20 Anchor Investment Management, LLC 1.95% of their portfolio COLUMBIA, SC 1,214,9321.2m $24.0m $24.0m 1.95% Added +86.0k +86,048
21 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 1,204,6711.2m $23.8m $23.8m 0.03% Added +98.0k +97,981
22 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 1,162,6761.2m $23.0m $23.0m 0.02% Added +71.0k +71,018
23 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,138,5011.1m $22.5m $22.5m 0.01% Added +42.2k +42,209
24 Atlantic Union Bankshares Corp 0.41% of their portfolio GLEN ALLEN, VA 1,111,7541.1m $21.9m $21.9m 0.41% Added +76.9k +76,872
25 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 1,094,5701.1m $21.6m $21.6m 0.06% Added +114.0k +113,973
26 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 1,054,8391.1m $20.8m $20.8m 0.03% Added +94.0k +93,964
27 49 WEALTH MANAGEMENT, LLC 1.62% of their portfolio AUSTIN, TX 1,005,9081.0m $19.9m $19.9m 1.62% Added +64.0k +64,019
28 Clark Asset Management, LLC 2.05% of their portfolio STRATHAM, NH 1,000,6951.0m $19.8m $19.8m 2.05% Added +141.6k +141,551
29 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 993,145993.1k $19.6m $19.6m 0.04% Added +64.6k +64,568
30 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 921,744921.7k $18.2m $18.2m 0.01% Added +91.6k +91,645
31 Legacy Financial Group LLC 2.23% of their portfolio DES MOINES, IA 915,861915.9k $18.1m $18.1m 2.23% Added +66.1k +66,099
32 Asset Dedication, LLC 1.14% of their portfolio SAN FRANCISCO, CA 882,010882.0k $17.4m $17.4m 1.14% Added +89.4k +89,383
33 BCS Wealth Management 1.60% of their portfolio JOHNSON CITY, TN 800,215800.2k $15.8m $15.8m 1.60% Added +418.6k +418,591
34 Cornerstone Wealth Management, LLC 0.80% of their portfolio ST. PETERS, MO 777,869777.9k $15.4m $15.4m 0.80% Added +24.4k +24,419
35 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 763,183763.2k $15.1m $15.1m 0.03% Reduced -24.8k -24,849
36 KIRR MARBACH & CO LLC /IN/ 2.85% of their portfolio COLUMBUS, IN 755,028755.0k $14.9m $14.9m 2.85% Added +45.5k +45,480
37 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 726,534726.5k $14.3m $14.3m 0.05% Reduced -28.2k -28,248
38 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 645,845645.8k $12.7m $12.7m 0.01% Added +123.6k +123,649
39 HUB Investment Partners, LLC 0.35% of their portfolio AUSTIN, TX 643,896643.9k $12.7m $12.7m 0.35% Added +17.9k +17,921
40 AA Financial Advisors, LLC 2.32% of their portfolio Columbus, OH 635,936635.9k $12.6m $12.6m 2.32% Added +4.9k +4,890
41 Goepper Burkhardt LLC 3.72% of their portfolio GREENVILLE, SC 578,295578.3k $11.4m $11.4m 3.72% Added +64.1k +64,102
42 COOKSON PEIRCE & CO INC 0.46% of their portfolio PITTSBURGH, PA 560,241560.2k $11.1m $11.1m 0.46% Added +33.2k +33,191
43 Ironwood Financial, llc 1.75% of their portfolio TUCSON, AZ 524,036524.0k $10.3m $10.3m 1.75% Reduced -7.7k -7,675
44 Straight Path Wealth Management 2.76% of their portfolio Jenison, MI 518,102518.1k $10.2m $10.2m 2.76% Added +24.0k +24,039
45 Sanctuary Advisors, LLC 0.06% of their portfolio INDIANAPOLIS, IN 514,357514.4k $10.2m $10.2m 0.06% Reduced -288.3k -288,339
46 CENTRAL VALLEY ADVISORS, LLC 3.01% of their portfolio SACRAMENTO, CA 510,479510.5k $10.1m $10.1m 3.01% Added +25.4k +25,386
47 Ledgewood Wealth Advisors, LLC 5.80% of their portfolio EXETER, NH 509,794509.8k $10.1m $10.1m 5.80% Added +204.2k +204,172
48 KICKSTAND VENTURES, LLC. 2.12% of their portfolio PITTSFORD, NY 509,030509.0k $10.0m $10.0m 2.12% Added +54.6k +54,587
49 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 507,623507.6k $10.0m $10.0m 0.01% Reduced -144.4k -144,392
50 CHATHAM CAPITAL GROUP, INC. 1.37% of their portfolio SAVANNAH, GA 487,915487.9k $9.6m $9.6m 1.37% Reduced -15.2k -15,180
51 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 477,480477.5k $9.4m $9.4m 0.01% Added +7.8k +7,795
52 VAUGHAN DAVID INVESTMENTS LLC/IL 0.20% of their portfolio PEORIA, IL 470,122470.1k $9.3m $9.3m 0.20% Added +31.7k +31,749
53 Clearstead Advisors, LLC 0.12% of their portfolio CLEVELAND, OH 466,385466.4k $9.2m $9.2m 0.12% Reduced -1.5m -1,508,895
54 HENGEHOLD CAPITAL MANAGEMENT LLC 0.77% of their portfolio CINCINNATI, OH 463,156463.2k $9.1m $9.1m 0.77% Added +10.9k +10,863
55 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 453,395453.4k $9.0m $9.0m 0.01% Added +76.9k +76,918
56 Cornerstone Planning, LLC 2.02% of their portfolio CHARLOTTE, NC 440,019440.0k $8.7m $8.7m 2.02% First filing
57 Legacy Private Trust Co. 0.51% of their portfolio NEENAH, WI 436,152436.2k $8.6m $8.6m 0.51% Added +342.9k +342,943
58 KESTRA PRIVATE WEALTH SERVICES, LLC 0.11% of their portfolio AUSTIN, TX 433,467433.5k $8.6m $8.6m 0.11% Added +11.5k +11,500
59 OLD SECOND NATIONAL BANK OF AURORA 1.65% of their portfolio AURORA, IL 416,892416.9k $8.2m $8.2m 1.65% Added +37.2k +37,189
60 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 414,884414.9k $8.2m $8.2m 0.00% Added +61.7k +61,666
61 Sound Stewardship, LLC 3.88% of their portfolio Overland Park, KS 410,365410.4k $8.1m $8.1m 3.88% Added +22.7k +22,707
62 Colonial Trust Advisors 0.57% of their portfolio SPARTANBURG, SC 386,904386.9k $7.6m $7.6m 0.57% Added +59.9k +59,937
63 MGO ONE SEVEN LLC 0.15% of their portfolio Beachwood, OH 375,526375.5k $7.4m $7.4m 0.15% Added +49.6k +49,605
64 Lantz Financial LLC 1.53% of their portfolio NAPERVILLE, IL 366,578366.6k $7.2m $7.2m 1.53% Added +270.6k +270,586
65 Marietta Wealth Management, LLC 0.82% of their portfolio MARIETTA, GA 358,194358.2k $7.1m $7.1m 0.82% Added +20.5k +20,477
66 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 352,620352.6k $7.0m $7.0m 0.01% Added +10.1k +10,129
67 Genesis Wealth Advisors, LLC 4.75% of their portfolio BRAINTREE, MA 351,204351.2k $6.9m $6.9m 4.75% Added +15.3k +15,252
68 Meriwether Wealth & Planning, LLC 3.78% of their portfolio MINDEN, LA 339,508339.5k $6.7m $6.7m 3.78% Added +11.9k +11,890
69 Gryphon Financial Partners LLC 0.70% of their portfolio COLUMBUS, OH 331,295331.3k $6.5m $6.5m 0.70% Unchanged
70 Carnegie Investment Counsel 0.12% of their portfolio PEPPER PIKE, OH 329,212329.2k $6.5m $6.5m 0.12% Reduced -10.4k -10,404
71 Red Spruce Capital, LLC 2.61% of their portfolio BERWYN, PA 317,620317.6k $6.5m $6.5m 2.61% Reduced -185.2k -185,157
72 FCA CORP /TX 1.76% of their portfolio HOUSTON, TX 315,633315.6k $6.2m $6.2m 1.76% Added +19.5k +19,532
73 Laurel Wealth Advisors LLC 0.80% of their portfolio CHARLOTTE, NC 307,621307.6k $6.1m $6.1m 0.80% Added +20.5k +20,451
74 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 293,321293.3k $5.8m $5.8m 0.02% Added +72.7k +72,706
75 MORTON COMMUNITY BANK 1.24% of their portfolio EAST PEORIA, IL 291,620291.6k $5.8m $5.8m 1.24% Added +12.0k +11,974
76 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 287,877287.9k $5.7m $5.7m 0.03% Reduced -17.8k -17,816
77 ProVise Management Group, LLC 0.40% of their portfolio CLEARWATER, FL 287,723287.7k $5.7m $5.7m 0.40% Added +54.7k +54,722
78 SFE Investment Counsel 0.87% of their portfolio LOS ANGELES, CA 283,194283.2k $5.6m $5.6m 0.87% Added +26.6k +26,638
79 Farnam Financial LLC 4.16% of their portfolio PHOENIX, AZ 279,818279.8k $5.5m $5.5m 4.16% Added +42.6k +42,645
80 HOWARD WEALTH MANAGEMENT, LLC 2.40% of their portfolio Madison, CT 278,438278.4k $5.5m $5.5m 2.40% Added +25.6k +25,567
81 Souders Financial Advisors 0.62% of their portfolio CINCINNATI, OH 274,278274.3k $5.4m $5.4m 0.62% Added +8.3k +8,316
82 PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC 0.69% of their portfolio MINNEAPOLIS, MN 268,036268.0k $5.3m $5.3m 0.69% Added +39.9k +39,904
83 KINTRA WEALTH, LLC 0.72% of their portfolio WILLIAMSPORT, PA 262,626262.6k $5.2m $5.2m 0.72% New
84 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 248,971249.0k $4.9m $4.9m 0.03% Added +37.6k +37,629
85 Colonial Trust Co / SC 0.65% of their portfolio SPARTANBURG, SC 246,533246.5k $4.9m $4.9m 0.65% Added +39.3k +39,282
86 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 243,733243.7k $4.8m $4.8m 0.02% First filing
87 NorthAvenue LLC 3.89% of their portfolio COLUMBUS, OH 238,168238.2k $4.7m $4.7m 3.89% First filing
88 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 235,517235.5k $4.6m $4.6m 0.06% Added +5.5k +5,523
89 Ellevest, Inc. 0.63% of their portfolio NEW YORK, NY 231,080231.1k $4.6m $4.6m 0.63% Added +111.4k +111,363
90 Trilogy Capital Inc. 0.20% of their portfolio IRVINE, CA 227,698227.7k $4.5m $4.5m 0.20% Added +9.0k +8,973
91 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 223,807223.8k $4.4m $4.4m 0.02% Added +94.3k +94,281
92 Summit Financial, LLC 0.06% of their portfolio PARSIPPANY, NJ 223,336223.3k $4.4m $4.4m 0.06% Added +4.3k +4,294
93 Coastline Complete Wealth LLC 2.73% of their portfolio BLUFFTON, SC 219,528219.5k $4.3m $4.3m 2.73% First filing
94 Geneos Wealth Management Inc. 0.11% of their portfolio ENGLEWOOD, CO 218,051218.1k $4.3m $4.3m 0.11% Added +12.6k +12,646
95 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 213,374213.4k $4.2m $4.2m 0.01% Added +2.4k +2,364
96 WEBSTER BANK, N. A. 0.38% of their portfolio WATERBURY, CT 206,908206.9k $4.1m $4.1m 0.38% Added +107.2k +107,221
97 Coastal Bridge Advisors, LLC 0.30% of their portfolio WESTPORT, CT 205,202205.2k $4.1m $4.1m 0.30% Added +4.5k +4,467
98 EVEXIA WEALTH LLC 1.13% of their portfolio STEVENS POINT, WI 204,199204.2k $4.0m $4.0m 1.13% Added +118.9k +118,874
99 Old Port Advisors 0.99% of their portfolio PORTLAND, ME 203,112203.1k $4.0m $4.0m 0.99% Added +10.1k +10,055
100 Berger Financial Group, Inc 0.23% of their portfolio PLYMOUTH, MN 199,548199.5k $3.9m $3.9m 0.23% Reduced -414 -414